IAASA will accept the use of independence requirements in accordance with the IFAC Code of Ethics or with the Ethical Standard for Auditors (Ireland).  Where these are not used, we will consider the basis of acceptability of the requirements otherwise applied by the third-country audit entity. Acceptance of those requirements is without prejudice to any … Continued

IAASA will accept the use of International Standards on Auditing (ISAs) or the International Standards on Auditing (Ireland). Where these are not used, we will consider the basis of acceptability of the standards otherwise applied by the third-country audit entity. The EU can make a decision to adopt the ISAs or a decision regarding the … Continued

Yes. The total fee is €4,500 payable annually. This consists of the annual registration assessment fee of €4,000 plus the annual registration fee of €500. Details of these fees and of how to make payment to IAASA are included on the registration form Form B and on the annual renewal of registration form AR Form … Continued

For any additional questions about third-country audit registration in Ireland please email IAASA at thirdcountry@iaasa.ie

Once approved a third-country auditor’s/audit entity’s registration is valid for 12 months from the date of IAASA’s approval of the registration. To continue its registration in Ireland after the 12 month period the auditor/audit entity must submit an annual renewal of registration application along with all the required documentation and fees. These must be submitted … Continued

Applications for renewal of registration as a third-country auditor/audit entity in Ireland should be submitted to IAASA. Application forms can be found here   Please ensure that the forms are fully completed and signed as required, all supporting documentation is included and the relevant fees are paid. Failure to provide all required information and documentation … Continued

Applications for initial registration as a third-country auditor/audit entity in Ireland should be submitted to IAASA. Application forms can be found here. All forms must be fully completed and signed as required, all supporting  documentation is included and the relevant fees are paid before a third country auditor/audit entity will be put on the register. … Continued

No. Statutory audits in Ireland can only be carried out by statutory auditors/audit firms approved in Ireland. These parties are approved and registered in Ireland by Recognised Accountancy Bodies. Registration as a third-country auditors/audit entities in Ireland is approved by IAASA and permits the registered party to provide audit reports for relevant third-country audit clients … Continued

No. The registration process, described in these FAQs, is restricted to third country auditors/audit entities who are subject to systems of public oversight, quality assurance, and investigations and penalties equivalent to those in the EU legislation. The EU Commission, following assessments (as referred to in article 46 of the EU Audit Directive) of the applicable … Continued

Yes. There is currently no single registration for third-country auditors/audit entities across the EU. If the third-country auditor/audit entity intends to issue audit reports to a relevant audit client listed on an Irish regulated market then registration in Ireland is a requirement.